$SOL

Solana (SOL) is a high-performance blockchain platform designed for decentralized applications (dApps) and crypto projects. Known for its speed and low transaction costs, Solana uses a unique hybrid consensus model combining Proof of History (PoH) and Proof of Stake (PoS). This allows it to process over 65,000 transactions per second, making it one of the fastest blockchains available. SOL is the native cryptocurrency of the network, used for staking, paying fees, and powering smart contracts. It has gained popularity for hosting DeFi projects, NFTs, and Web3 platforms. Despite facing network outages in the past, Solana continues to grow, supported by a strong developer ecosystem and active community. Its scalability makes it a promising competitor to Ethereum.